Blacks Beach, Queensland
Coastal MR - 23yr agreements - $300k + net profit with opportunity | Resort Brokers ID : MR007408
$1,295,000
Business Description
This tightly-held resort on the beachfront is ready for a new owner for the first time in 23 years. The property has consistently strong occupancy rates and generates a solid net profit with the stability of a substantial body corporate salary.
The resort has much potential for revenue growth through recommissioning the restaurant/commercial kitchen and conference room or by putting your touch on the underutilised area.
Comfort Resort Blue Pacific is your opportunity to acquire coastal management rights in a highly sought-after area with proven systems supported by Choice Hotels.
Contact us today for more information.
- Opportunity to grow revenue
- Solid management salary underpinning the business
- Beachfront location with sea-views
- Long-term agreement in place with 23 years
- Consistent high occupancy and repeat clientele
- High net profit and very supportive body corporate
- Member of the Choice Hotel Brand
- Property inspections are by appointment only
Date updated: 01 Jun 2025 01:00:03
Business Summary
Business Snapshot
Price: $1,295,000
Net Profit: $301,392 Remuneration / Body Corp Salary: $150,230
Managers Unit
Value of Managers Apartment: $600,000Bedrooms: 3Bathrooms: 1Office: On TitleComplex Information
Complex Type: Resort / HolidayTotal Units in Complex: 42Total Units in Letting Pool: 26Owner Occupy Units: 12Outside Agent Units: 4Agreement Term Remaining: 23 years
